CHASM Advanced Materials

CHASM Advanced Materials, Inc.Founded in 2015 in Canton, US, CHASM Advanced Materials, Inc. focuses on developing innovative carbon nanotechnology solutions. The company was co-founded by David Arthur and Robert Praino, both of whom have extensive backgrounds in technology and engineering. The firm has executed a total of 5 deals, with the most recent deal occurring on August 17, 2021.CHASM specializes in advanced carbon nanotechnology products, focusing on solutions that enhance performance and sustainability across various industries. Their core offerings include Nanotube Hybrid Technology, which significantly improves the mechanical properties of materials, thereby enabling the production of low carbon cement that can reduce the carbon footprint of concrete by more than 50%. The company also provides transparent heaters for automotive applications, ensuring sensors remain operational in adverse weather conditions.CHASM generates revenue through direct sales of its innovative products to business clients in various sectors. The company's transaction structure typically involves B2B agreements, where manufacturers purchase technology solutions for integration into their own products. For instance, automotive manufacturers may acquire CHASM's transparent heater technology to enhance vehicle features, while construction companies may utilize low carbon cement solutions for sustainable building projects.In August 2021, CHASM Advanced Materials, Inc. The company aims to expand into new markets in Europe and Asia by the end of 2023, enhancing its footprint in the global nanotechnology sector.

1. Series C

   Aug 17, 2021

   Amount

   $15M

   Investors

   Locked

2. Series A

   Oct 2, 2018

   Amount

   $11M

   Investors

   Locked